MARKET WRAP: Rand touches below R14/$ as some markets go back into full swing

Telkom, precious metals and retailers led small gains on the JSE

2021-05-18 07:13:00 PM

MARKET WRAP: Rand touches below R14/$ as some markets go back into full swing

Telkom, precious metals and retailers led small gains on the JSE

18 May 2021 - 18:09Lindiwe TsoboThe rand gained for a third day as easing inflation worries and optimism over the reopening of economies, especially in the eurozone, outweighed Covid-19 concerns.The rand, which broke below R14/$ for the first time in more than a year on May 10, traded below the psychologically important level for the first time in four days, reaching an intraday best of R13.96/$. ..

Roshan Morar’s fingers in every pie, including KZN education and SAA - The Mail & Guardian Meghan Markle's book makes the New York Times Bestseller list | Channel Gigaba tells Zondo of SMS alleging Norma hired people to kill him

BPremiumThis article is reserved for our subscribers.A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Read more: Business Day »

Gosiame Thamara Sithole | IOL

Latest Articles about Gosiame Thamara Sithole